The arts and crafts store operator’s shares dropped 21 cents, 1.2 percent, to $16.79 in morning trading on the Nasdaq.
Irving-based Michaels Stores, Inc. said it is investigating a possible security breach of customer data.
Stores opening even earlier; that is apparently the new norm these days for what used to be post Thanksgiving sales.
The money has to go a little further this year. Here are some of our favorite sites to visit for deals on Cyber Monday and throughout the holiday season.
Arts and crafts retailer Michaels is crafting a return to public stock markets with its filing Friday for a $500 million initial public offering.
Texas arts and crafts supplier Michaels has agreed to pay $1.8 million to settle deceptive advertising charges leveled by New York regulators.
Michaels says the PIN pads at stores in 20 states were tampered with, potentially exposing customer’s credit and debit card information.